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Telangana Open School (TOSS) Class 12 Accountancy — Practice Quiz

Practice quiz for Telangana Open School (TOSS) Class 12 Accountancy with MCQs and answers. Chapter-wise questions to test your preparation for board exams.

Quick Summary

Chapter-wise practice questions for Telangana Open School (TOSS) Class 12 Accountancy. MCQs with answers to test your understanding and identify weak areas before the board exam.

How to Use Practice Quizzes

  1. Attempt without notes — test yourself honestly to identify what you actually know.
  2. Review wrong answers — understand why you got it wrong. This is where real learning happens.
  3. Time yourself — practise under exam conditions to build speed and confidence.
  4. Repeat after a week — re-attempt the same quiz after a week to check retention.

Chapter-Wise Practice Questions — 15 Chapters

Preview questions from each chapter. Focus on understanding the question pattern and types asked in Telangana Open School (TOSS) board exams.

1

Accounting -an Introduction

45 questions
multiple choice1 marks

Which of the following is recorded in the books of accounts?

multiple choice1 marks

Who defined accounting as 'the process of identifying, measuring, recording and communicating'?

multiple choice1 marks

Which of the following is a limitation of accounting?

+42 more questions — take full quiz in Super Tutor

2

Accounting For Business Transactions

52 questions
multiple choice1 marks

Which of the following is NOT a type of accounting voucher?

multiple choice1 marks

In the accounting equation, if assets increase, what else must increase?

multiple choice1 marks

Which of the following transactions affects only asset accounts?

+49 more questions — take full quiz in Super Tutor

3

Bank Reconciliation Statement

45 questions
multiple choice1 marks

Which of the following is NOT a cause of difference between cash book and pass book?

multiple choice1 marks

What is the balance called when deposits exceed withdrawals in the bank account?

multiple choice1 marks

In case of a favourable balance, what does the cash book show?

+42 more questions — take full quiz in Super Tutor

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Frequently Asked Questions

Where can I find Telangana Open School (TOSS) Class 12 Accountancy Practice Quiz?

This page provides practice quiz for Telangana Open School (TOSS) Class 12 Accountancy for the 2026 board exam. For chapter-by-chapter study help including summaries, quizzes, and flashcards, try Super Tutor.

Accountancy is one of the scoring subjects in Telangana Open School (TOSS) Class 12 if prepared well. Focus on understanding concepts, practising problems regularly, and revising key formulas. Most students who follow a structured study plan score above 80%.

Start by understanding the complete syllabus. Then focus on important questions from each chapter. Use revision notes for quick review before exams. Follow a study plan that covers all chapters with dedicated revision time.

Aim to solve at least 20–30 MCQs per chapter. Focus on understanding why each answer is correct. After completing all chapters, attempt full-length mock tests under timed conditions.

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15 chapters available

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